4 Ways to Create An Income on the Internet

income on the internetSo is it still possible to make an income on the internet?

Well yes it is and yes you can, BUT….

have a read of this first before you part with any hard earned cash and dive in to anything!!.

Now I originally wrote this post back in 2011, but I have come back to update it July 2016 with what’s working right NOW on the internet.

With the recession, poor pensions, redundancy, high college fees and the high cost of living that is all around us, more and more people are looking at ways to generate (or replace) their income.  Additional stress for those still in the corporate world is also causing many hundreds of thousands of people to turn to the world wide web to see if it’s really possible to earn an income on the internet but is this the right thing to do, or will you just end up losing more money?

There are literally dozens of ways to make an income on the internet if you want to work for other people, but what I want to focus on today are the 4 key ways of having your OWN business, where you can leverage the power of the internet to work for YOU.

So here are the 4 key ways to earn an Income on the Internet:

1)      Ebay / Amazon (drop shipping)

2)      Affiliate Marketing

3)      Selling your own product or service

4)      Network Marketing / MLM / Direct Sales

Let’s look at these in a little more detail:

1) Income on the Internet using Ebay/Amazon drop shipping

This is where you advertise a product or service on large auction sites such as Amazon or Ebay.  You simply have to create your account, source some popular products and a drop shipper who will ship them for you and then register them on the auction sites.

Now then, this may seem quite a simple way to generate an income on the internet at first, but bear in mind that there are many challenges here which can be costly and sometimes for a very low return.  The most popular products may not be the most lucrative and often it is the niche products that you wouldn’t think of that will give the best returns.  So how would you find out what to sell and how to find the suppliers?
Well, there are a good few courses popping up from people who have done this successfully so it is definitely worth searching – two that spring to mind are DS Domination and Infinii, so you can do some research on those two companies to see if it’s what you want to do.

Bear in mind that whilst a lot of people do have some success with this, there are many things to factor in such as customer returns and customer service and follow up which can be costly both in your time and expenses if the drop shipper doesn’t do this for you.  As with anything new you are venturing into – take some time to do some due dilligence.

Here’s a great resource for you:

 

2) Income on the Internet through Affiliate Marketing

Affiliate marketing is when you sell other people’s products or services.  It usually costs nothing to become an affiliate and get your affiliate code for a product or service, and then all you have to do is promote it so that prospects come to either the company website or your own website and then make a sale.

Earning an income through affiliate marketing is a GREAT way to earn an income on the internet, but there is a lot of competition for high affiliate commissions. Those that understand how to build their own high converting and unique websites and the power of building their own subscriber list with follow up emails will do way better than those who use the “done for you” templates and capture pages that quickly become saturated in the market.  But of course this in itself is a HUGE learning curve to understand how to do this.

Some products have small affiliate commissions and some have large – those with large commissions, will obviously have the biggest competition and so you will be competing against other much more experienced marketers.  With the costs of advertising soaring, it is hard to make a real profit unless you know exactly what you are doing and targeting a niche market.

3) Income on the Internet through Selling your Own Product or Service

Now then, this is possibly the MOST profitable way of making an income on the internet, because you get to keep 100% of the profits as opposed to perhaps 20-50% of an affiliate product, but it is also probably the hardest for a new marketer to do.  Why?  because as well as the creation of your own product, you will need to create your own websites,  learn how to “brand” yourself online as a person of authority, learn sales copy, ongoing sales follow ups and of course learn the art of traffic attraction and conversion.  You can of course sub this out to copywriters, website builders and traffic specialists, but this obviously makes a big dent in the profit margin.

4) Income on the Internet through Network Marketing/MLM/Direct Sales

Direct Sales and Network Marketing is a way of using leverage to create wealth.  What do we mean by this?  Well in order to have TRUE wealth in ANY business you need to leverage the power of the work of other people and then scale it up so that you can do more business with less work.  John Paul Getty sums it up beautifully when he said “I would rather have 1% of 100 people’s time than 100% of my own”.

Network marketing provides you with the potential to do exactly this by leveraging the power of as many people as you can build into your team, but each of them have the motivation because they are building their own business too.

Historically there is a high failure rate within Network Marketing and direct sales because people couldn’t find enough prospects to “talk” to about their opportunity, nor did they know how to “sell it”.   With the onset of the internet, it has changed everything and with some simple but age old marketing strategies brought “online” it is possible to bring our customers and prospects to us.

If you have listened to my video above and yet you are committed to building your Network Marketing business, then I can wholeheartedly recommend a marketing training system designed specifically for Network Marketers – you can read my full review on the MLSP system by clicking here – MLSP Review

 

Summary of How to Earn an Income on the Internet

So the key to success in any of these strategies to earn an income on the internet is to take the time to learn some skills.  To KNOW your market, to become skilled through research and training, position yourself as the expert with your own unique selling proposition and then you will be ahead of 97% of marketers out there.  But how do you conquer the online marketing process and yet still earn an income in the process?

Well what if you could have a professionally built sales funnel, professional digital products with high commissions, step by step training with your own personal coaches and a highly supportive team to help lift you up an show you what’s truly possible.  AND….what if you could also earn commissions on the sales that your own personal team do too…..?  Kind of a win/win situation.

Because I was finally shown a business that ticks ALL of those boxes above.  And what’s more the mentor who showed me this has the same vision as me……which is to “free” more people from the lives they are unhappy with so that they can spend MORE time doing what they want to be doing.  Whether that’s more time at home with the children or family, whether it’s to spend more time on vacation and traveling the world, or whether it’s to free themselves from mortgages, debt and an insecure pension.

So if you fit into any of these categories – then I would like to invite you to take a look at the business I have recently aligned with.  Because before I joined, I made my sponsor show me his back office in  his business to PROVE to me that his team was making money.  And I was truly blown away by what I saw and will be updating my own results here soon.  What’s more – we have a TON of additional team benefits that will help you meet your goals even more quickly.

If you are serious about wanting to earn an income on the internet – then take a peek at this  Simply click the action button below to take a look at what we’re doing.


Take Action Learn More Now

 P.S – If you’re visiting my blog for the first time – then why not grab my FREE PDF report “4 Steps to 5-Figure Months”

 

Email: Nicky@NickyPriceMarketing.com
Skype: NickyVitality
YouTube: https://www.youtube.com/user/MLMDiamond
Join My FREE Facebook Coaching Group: https://www.facebook.com/groups/MarketingCoachingWithNicky/

26 Comments on 4 Ways to Create An Income on the Internet

  1. Michelle
    June 27, 2011 at 7:47 pm (6 years ago)

    Nicky great post, great tip, definitely giving the public an informed view.
    Michelle recently posted..Video Marketing LoopholeMy Profile

  2. Galen Morgigno
    June 27, 2011 at 7:30 pm (6 years ago)

    Great points in your article here. I have tried 4 of 4 but I stayed away from Ebay. To much of a pain in my opinion. I use the marketing system you are using and it is the best out there!! Thanks for sharing!
    Galen Morgigno recently posted..Meet Galen MorgignoMy Profile

  3. Nicky
    June 27, 2011 at 7:34 pm (6 years ago)

    Thanks Weilin

  4. Nicky
    June 27, 2011 at 7:35 pm (6 years ago)

    Yes, I can’t believe I put off joining for so long – it is an incredible group of people to work with.

  5. Nicky
    June 27, 2011 at 8:14 pm (6 years ago)

    Thanks Michelle

  6. Wendy Elwell
    June 28, 2011 at 1:59 am (6 years ago)

    Nicky,
    Great information about how to generate income. Thanks for sharing.

  7. Nathan Gonzalez
    June 28, 2011 at 4:42 am (6 years ago)

    Great Post Nicky! I love how you break down each method of making money online.Keep up the great content!

  8. Nicky
    June 28, 2011 at 8:29 am (6 years ago)

    Hi Nathan, thanks for stopping by.

  9. Nicky
    June 28, 2011 at 8:30 am (6 years ago)

    Hi Wendy – MLSP has been the missing link for me for some time and I just want to help others to turn their business into a profit as soon as possible, thanks for stoppy by.

  10. Sef Gutierrez
    June 28, 2011 at 9:15 am (6 years ago)

    Very handy place of duty Nicky. Bookmarked. Credit on behalf of it! Well written article, i just finished bookmarking it for later. id love to revisit on future articles. how can i configure the RSS again? thanks so much!

  11. Barbie
    June 28, 2011 at 1:03 pm (6 years ago)

    It’s incredible how much opportunity there is on the internet. As a Matter of fact I’ve done over half of what’s on this list! The Game Changer in today’s market place on the internet though is that you’ve GOT to get the skills under your belt to make it happen…MLSP has everything under one roof! Great Thorough Article Nicky!
    Barbie recently posted..Are You Having Trouble Signing People Up?My Profile

  12. Nicky
    June 28, 2011 at 1:29 pm (6 years ago)

    @Barbie – Yes, you are so right – MLSP has been a real game changer for me, it’s like suddenly putting all of the pieces to the puzzle in the right order. Thanks for stopping by.

  13. Joan Lawrence
    June 28, 2011 at 3:05 pm (6 years ago)

    Love your 4 strategies Nicky, thanks for sharing them.

  14. Nicky
    June 28, 2011 at 4:54 pm (6 years ago)

    Thanks Joan!

  15. Chuck Bartok
    June 29, 2011 at 3:59 am (6 years ago)

    Nice job on the those four items on How To make money on the internet.

    Most of our community members have found best results with CREATION of products relevant to their avocation and “hobbies”.

    Inexpensive to start, and the ROI is usually very good.

    The global Market is IN DEMAND of so many products and the Internet now offers an Easy Venue for advertising, relationship building and repeat sales.
    Chuck Bartok recently posted..Steps to Build MLM Marketing SucccessMy Profile

  16. Sherman Smith
    June 29, 2011 at 4:22 am (6 years ago)

    Hey Nicky,

    The system you use is definitely one of the best if not the best. I switched over and having much more success with it!

  17. Nicky
    June 29, 2011 at 6:59 am (6 years ago)

    Thanks Sherman – I completely agree and have heard many other members say the same thing too. The training is incredible inside the back office, that coupled with the support and relationships built with the other members is what makes MLSP leagues ahead of everything else out there.

  18. Nicky
    June 29, 2011 at 7:04 am (6 years ago)

    I absolutely agree with you Chuck – it has to be the most lucrative method of building an income – but in terms of just starting out, I wanted to give people a real idea that to gain an understanding of marketing and looking for what you target customer really wants is absolutely key. This way you can then create the perfect product for your market. Thanks for stopping by.

  19. Kyle
    July 5, 2011 at 10:10 pm (6 years ago)

    I think your right on when you say that there are more and more people looking to make money on the internet. I like your 4 ideas and am personally working on #’s 2, 3, and 4 right now.
    Kyle recently posted..TRAINing Your ThoughtsMy Profile

  20. Nicky
    July 6, 2011 at 8:44 am (6 years ago)

    Hi Kyle – Thanks for stopping by and that’s great news that you are working on your lifestyle income in this way. I wish they taught this stuff in school – multiple income streams are absolutely key in these uncertain times. Let me know how you get on. Regards Nicky

  21. Cindy Hoffman
    February 11, 2016 at 11:31 am (1 year ago)

    Great information there Nicky. Its really amazing that there are so many opportunities online that one can get started with. I started off with ebay, selling stuffs back in 2012 before I started creating mini-sites to market amazon products, most of which went out well. Persistence and having goals is what I can say is the key to making it online. Thanks for the share.

    Cindy

  22. Nicky
    April 6, 2016 at 1:36 pm (12 months ago)

    Thanks Cindy!

  23. HomeRun International
    July 26, 2016 at 9:54 am (8 months ago)

    Nice, what a great information. We can use those ways to create our own income thru online. Thanks for this.

  24. Nicky
    July 26, 2016 at 11:44 am (8 months ago)

    Thanks for stopping by!
    Nicky

  25. Read More
    December 19, 2016 at 5:59 am (3 months ago)

    Quality content is the key to invite the users to go to see the site, that’s what this website is providing.Thanks for posting!

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